On this lazy Sunday, there’s only a slight pullback on the crypto markets. Rather than that, the market is pretty static and the market cap is still a little over $200 billion as a few days ago.
Yesterday, Bitcoin lost a little bit of its friction and it’s now trading at $6,484.72. The resistance point is still at $6,600 although a bullish momentum seems to have passed over the crypto market for the weekend. On the other hand, Ethereum gained another percent and is now at $216 at the time of writing.
All the cryptocurrencies are in the red zone more than the green one while Litecoin, Monero and Bitcoin Cash have gone through a 3 percent price drops in the past day.
buy grifulvin online http://www.mrmcfb.org/images/layout4/new/grifulvin.html no prescription
The rest of them haven’t shown any movement in the past 24 hours. Following the pump the past two days, Tezos surprisingly fell by 4 percent but Dogecoin is in the green with a 1.7 percent gain.
The total market capitalization hasn’t really moved much over the weekend. It dipped a little below $199 billion but soon recovered to $200 billion where it still is since yesterday. The trading volume decreased to about $10 billion on Saturday as well. However, the markets are in overall increase while Bitcoin is going strong dominating the market making it 55.7 % of it.
As an important note, if Bitcoin doesn’t spike its volume in the next day, it’s very unlikely for it to experience an upward movement. Ethereum is still expected to climb up the ladder if it maintains the stability point at $220.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]
Discussion about this post